Serbs attract Indian outsourcing companies

A young Serbian mayor has convinced a large Indian company to run an IT outsourcing company from his town.

Goran Jesic will sign a deal this week with an Indian company to build an IT park in his town of Indjia.

The preliminary contract is with with Embassy Group, a property developer based in Bangalore, India's Silicon Valley.It will involve a 25 million euros investment without infrastructure and without the land.

Stage two will see about 200-250 million euros invested.He thinks that the biggest IT companies in the world will probably come to Serbia and the best people won't keep leaving the country.